Royal Mile Silver Ltd

Royal Mile Silver Ltd, based in Edinburgh, UK, is a small, active company founded six years ago. Employing just four people, it holds £206,757 in assets and maintains a real address. The business, owned and directed by solo founder Mather Chandra, enjoys a stellar 5.0 Google rating from 248 reviews, a testament to its customer service. It’s a regular importer of jewelry, precious stones, and metals, with 16 months of import activity recorded, the latest in February 2025.

The company’s website, Royal Mile Silver, focuses on ethically traded silver, gold, and tungsten jewelry. It sells via an e-commerce site, catering to both men and women with a range of rings, earrings, necklaces, and sets. The site highlights its inspiration from nature, tribal art, and the cycle of life, and even offers a ring size exchange service. A notable feature is the inclusion of a piano restoration business, 1066 Pianos, which operates independently but shares the "Royal Mile" branding.

Financially, Royal Mile Silver Ltd shows a mixed picture. Cash reserves increased by 25% to £200,000, while current assets grew by 20% to £210,000. However, bank borrowings increased, with overdrafts rising to £5,600 within one year. Creditors also increased by 29% to £64,000, and trade debtors plummeted by a staggering 87% to just £830. The company’s small size—meeting two of three criteria for a small company—helps it remain agile. No auditor is mentioned, meaning the figures are unaudited.

The sharp decline in trade debtors is a cause for concern, suggesting potential issues with customer payments. Despite this, the company’s strong Google rating and focus on ethical sourcing suggest a loyal customer base. Whether this can sustain the business through any financial headwinds remains to be seen.

Registered in Scotland under the registration number SC626493, with a registered address at EH1 1DR, Scotland, Edinburgh, 11 Jeffrey Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.